2024

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LayerZero

The blockchain messaging protocol developer LayerZero Labs will airdrop ZRO token to qualified users tomorrow. The total supply of ZRO tokens is 1 billion.
In a <a href="https://x.com/primordialaa/status/1801708740736880790?ref=bankless.ghost.io" target="_blank" rel="noopener noreferrer nofollow">tweet</a> on X, LayerZero Labs CEO Bryan Pellegrino shared his calculations for the ZRO token airdrop. A substantial 23.8% of the total supply is given directly to the community and builders, separate from the foundation and growth allocations.&nbsp;
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 Live. Thank you all for the patience today ❤️ <a href="https://t.co/EPYC5OaT3r" target="_blank" rel="noopener noreferrer nofollow">https://t.co/EPYC5OaT3r</a>— Bryan Pellegrino (臭企鹅) (@PrimordialAA) <a href="https://twitter.com/PrimordialAA/status/1803294686561366034?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 19, 2024</a>
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On day one, 8.5% of the this will be distributed, including 5% to core contributors, 3% for the requests for proposals (RFP), and 0.5% to the community pool.&nbsp;LayerZero Labs CEO Bryan Pellegrino said a total of 1.28 million wallets are eligible.
The majority of the remaining supply will be distributed over the next 36 months, with additional retroactive distributions every 12 months. Forward-looking RFPs will also be part of this phased distribution to continuously support builders and foster ongoing development within the LayerZero ecosystem.
LayerZero Labs has launched an <a href="https://x.com/LayerZero_Fndn/status/1803294040068165809" target="_blank" rel="noopener noreferrer nofollow">eligibility checker</a> for users who want to participate in the airdrop. The airdrop consists of two 5-minute windows for participants who responded to the requests for proposals (RFP) and a 25-minute window for core participants with up to 5K tokens.
Users have to access the official page of LayerZero airdrop to claim $ZRO tokens from the LayerZero airdrop. Then user has to Connect the active crypto wallet by selecting “Connect Wallet” and choosing from the list provided.&nbsp;
Next, users have to grant necessary permissions without sharing private keys. Then, navigate to “Claim Airdrop,” and follow on-screen instructions to verify information or complete tasks as required.&nbsp;
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 Also Read: <a href="https://www.cryptotimes.io/2024/05/20/bitget-lists-layerzero-zro-token-on-its-pre-market/" target="_blank" rel="noopener noreferrer nofollow">Bitget lists LayerZero (ZRO) token on its Pre Market</a>
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LayerZero Labs To Airdrop ZRO Tokens Tomorrow

The Crypto Times

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